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Cango Boosts Bitcoin Output in December as Holdings Climb Above 7,500 BTC
Source: DefiPlanet Original Title: Cango Boosts Bitcoin Output in December as Holdings Climb Above 7,500 BTC Original Link:
Quick Breakdown
Cango Inc., a Bitcoin mining company, reported higher Bitcoin production in December 2025, closing the year with increased daily output and a growing long-term treasury, according to its latest mining operations update.
December mining performance strengthens treasury
The Bitcoin miner produced 569 BTC in December, up from 546.7 BTC in November, lifting its average daily production to 18.35 BTC. The increase came despite a stable deployed hashrate of 50 EH/s, as favourable network difficulty adjustments supported more efficient mining conditions during the month.
Cango’s total Bitcoin holdings rose to 7,528.3 BTC at the end of December, compared with 6,959.3 BTC a month earlier. The company reiterated that it continues to hold all mined Bitcoin for the long term and does not currently plan to sell its reserves.
Average operating hashrate edged slightly lower to 43.36 EH/s from 44.38 EH/s in November, reflecting routine operational fluctuations across its global mining fleet rather than capacity reductions.
Capital injection supports expansion into energy and AI
Alongside the production update, Cango disclosed a US$10.5 million investment commitment from a major shareholder made in late December. The funding, expected to close in January 2026, is set to support improvements in mining efficiency and accelerate the company’s broader infrastructure strategy.
The company entered the digital asset sector in late 2024 and has since launched pilot projects focused on integrated energy and distributed AI computing, aligning with industry trends toward high-performance compute infrastructure. These initiatives are expected to run in parallel with its core Bitcoin mining business as it scales operations in 2026.
Cango said the December results capped a year of consistent operational growth, setting a foundation for expanded capacity and infrastructure development in the year ahead.
Notably, the company finalized the $351.94 million sale of its China-based legacy business to Ursalpha Digital Limited, completing its evolution into a pure-play global Bitcoin mining and digital infrastructure enterprise.